Newhall (santa Clarita), CA 91321,24242 Pine Street
Newhall (santa Clarita), CA 91321,24242 Pine Street,Video Tour
Newhall (santa Clarita), CA 91321,24242 Pine Street
Newhall (santa Clarita), CA 91321,24242 Pine Street
Newhall (santa Clarita), CA 91321,24242 Pine Street
Newhall (santa Clarita), CA 91321,24242 Pine Street
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$ 749,900
Est. payment | /mo

3 Beds

1,346 SqFt


$ 749,900
Est. payment | /mo

3 Beds

1,346 SqFt

Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 1,346 sqft

Price per Sqft $557

MLS Listing ID CL25521501

Bedrooms 3

HOA Y/N No

Year Built 1958

Lot Size 3,121 Sqft

Acres 0.07

Property Sub-Type OTHER

Property Description

Excellent investment opportunity with the flexibility to live in one unit while renting out the other. Minutes from the center of downtown Newhall and close to public transportation. The upper unit features 2 bedrooms and 1 bathroom, while the lower unit offers 1 bedroom and 1 bathroom. The lower unit can be delivered vacant, offering the flexibility for either long-term rental or short-term use such as Airbnb. Both units have been upgraded with two ductless heating and air-conditioning systems, stainless steel appliances, wide-plank laminate flooring, elegant white cabinetry, and modern finishes. Each unit also includes two dedicated parking spaces. This duplex offers a 7% cap rate with long-term rentals or the potential for immediate cash flow through short-term rentals. This property presents strong value-add potential with the ability to add two more units, converting it into a fourplex and boosting the cap rate to 12% (building plans available upon request). Conveniently located near shopping, schools, restaurants, and the redeveloping downtown Newhall, this property is packed with potential. Whether you're an investor looking to lease or a homeowners interested in reducing their mortgage by renting out one unit, this duplex is a must-see!

Location

State CA

County Los Angeles

Zoning SCSP

Interior

Fireplace No

Laundry Other, In Kitchen

Exterior

Total Parking Spaces 4

Building

New Construction No

Others

Tax ID 2831015013

Virtual Tour https://my.matterport.com/show/?m=TdTyo5EGX2N

Bridge MLS
Listed by Nathan Paterson • Beverly and Company, Inc.

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agent
Kenneth Jamaca

Managing Broker | REALTOR | License ID: 02080040

+1(925) 413-1849 | kenneth@jcastlegroup.com

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24242 Pine Street